Profit earnings ratio

Viet Nam News A share’s price/earnings (PE) ratio is a key way of assessing whether it is trading at fair value and therefore if it is a good buy or not. This week, our expat financial services expert Brian Spence explains why PE ratios are so important in managing your investment portfolio. It hardly needs to be said that your aim as an equities investor should be to buy low and sell high. Assessing whether a stock is trading at fair value based on its merits – or is over or under-valued – is a key part of making the right investment calls. There are a variety of ways to try to work out if a particular stock represents good value or not and price-earnings ratio is foremost among these “vital statistics”. In simple terms, a price-earnings ratio (or price multiple as it is sometimes known) shows how much an investor can expect to invest into a business in dollar terms in order to receive one dollar of that company’s earnings back. It is an … [Read more...] about PE Ratios and What They Mean for Your Portfolio

Sài Gòn-Hà Nội Securities Company (SHS) reports its first-quarter post-tax profit tripled from a year ago to reach VNĐ136 billion (US$6 million). — Photo baomoi.comViet Nam News HÀ NỘI — Sài Gòn-Hà Nội Securities Joint Stock Company (SHS) has reported that its post-tax profit in the first quarter of 2018 tripled from a year ago to VNĐ136 billion (US$6 million). The company recorded higher growth in all segments, with a total revenue of VNĐ365 billion in the first quarter of this year – 2.5 times the revenue earned during the same period in 2017. Of the total revenue, earnings from proprietary trading accounted for VNĐ164 billion, revenue from margin lending reached VNĐ95 billion and revenue from brokerage was VNĐ79.4 billion. The figures were up 6.3, 1.6 and 1.8 times, respectively, the earnings in the same period last year. The increase in earnings in the first quarter also helped … [Read more...] about SHS reports triple post-tax profit in first quarter

Throughout the annual general meetings (AGMs) season, numerous commercial banks unveiled remarkable business targets for the year ahead, promising huge revenues, profits, and charter capital raises. Vietnam's finance and banking sector saw a substantial recovery showcased in past achievements and ambitious targets in for 2018 Nguyen Duc Vinh, CEO of VPBank, asserted that the bank's shareholders approved the plan to reach VND10.8 trilllion ($474.12 million) in pre-tax profit by the end of 2018. Previously in 2017, the bank's pre-tax profit hit VND8.13 trillion ($356.9 million), which was 65 per cent higher than the same category in 2016 and equivalent to 120 per cent of the latest adjusted expected profit in June 2017, posting the highest profitability score in the bank's history since 2012. Over the same time period in 2017, the bank managed to raise its charter capital from VND9.181 trillion ($403.04 million) to VND15.706 trillion ($689.49 million). Vo Tan Hoang Van, CEO of SCB, … [Read more...] about Massive profits slated for finance and banking sector in 2018

Hanoi (VNA) - Some banks have reported good business performance results in the first half of the year thanks to high credit growth.
Vietinbank reported a profit of 4.273 trillion VND (190.75 million USD) in the first six months, up 10.3 percent against the same period last year.
Vietinbank General Director Le Duc Tho said the bank’s total assets also increased nine percent to reach 850 trillion VND by the end of June.
“In the January-June period, the bank mobilised 780 trillion VND, up 9.6 percent, while its outstanding loans were worth 729 trillion VND, up 7.7 percent,” Tho said, adding that the bank’s return on assets (ROA) and return on equity (ROE) by the end of June were 1.1 percent and 11.5 percent, against one percent and 10.3 percent, respectively, in the same period last year.
Vietcombank also announced that it earned nearly 4.2 trillion VND in pre-tax profits in H1, up 38 percent over the same period last year.
Vietcombank General Director Pham … [Read more...] about Bản in : Banks report higher profits in H1

Hanoi (VNA) - Some banks have reported good business performance results in the first half of the year thanks to high credit growth.
Vietinbank reported a profit of 4.273 trillion VND (190.75 million USD) in the first six months, up 10.3 percent against the same period last year.
Vietinbank General Director Le Duc Tho said the bankâs total assets also increased nine percent to reach 850 trillion VND by the end of June.
âIn the January-June period, the bank mobilised 780 trillion VND, up 9.6 percent, while its outstanding loans were worth 729 trillion VND, up 7.7 percent,â Tho said, adding that the bankâs return on assets (ROA) and return on equity (ROE) by the end of June were 1.1 percent and 11.5 percent, against one percent and 10.3 percent, respectively, in the same period last year.
Vietcombank also announced that it earned nearly 4.2 trillion VND in pre-tax profits in H1, up 38 percent over the same period last year.
Vietcombank General Director Pham Quang Dung said … [Read more...] about Banks report higher profits in H1